AirGarage Raises $23M Series B to Modernize Parking Real Estate

Shared 10 July, 2025

AirGarage Raises $23M Series B to Modernize Parking Real Estate

Since its Series A funding round, AirGarage has grown over 10x and now manages more than 300 parking facilities across 38 states. “We’ve built a unified technology stack that automates operations, provides real-time data visibility, and delivers revenue increases of 20-50% or more for our partners.”

AirGarage’s platform replaces outdated parking infrastructure with a smart parking solution that offers:

  • Automated payment processing and dynamic pricing
  • License plate recognition and enforcement technology
  • Real-time analytics and reporting
  • Integrated software eliminating the need for multiple vendors

 

Leading real estate companies including Hines and Greystar, as well as technology companies like Meta, have partnered with AirGarage to optimize their parking assets. The platform’s success stems from its ability to transform parking from a cost center into a data-driven revenue generator.

“AirGarage represents the future of real estate asset management,” said Trevor Neff, Partner at Headline Growth. “Their vertically integrated approach and strong financial performance demonstrate how technology can unlock value in traditional industries.”

Source

SIGN UP TO RECEIVE INDUSTRY UPDATES

Join our community of 200,000+ real estate leaders and get weekly insights and updates with our newsletter.

Join the Real Estate Community

Last chance:

Tickets to Europe's Largest Real Estate Tech Event available from £132.

*Offer ends on Friday, 7th February.

Closer to the event, tickets will go up to £1,095.

*Offer ends on Friday, 7th February.

PropTech Connect

Gain Access to the Newsletter